Someone would have got it in the neck over this!
Cost-cutting, lay-offs and moves to lower cost locations.
Bank of America’s cybersecurity team can spend as much as needed to protect the firm and its customers, Chief Executive Officer Brian T. Moynihan said.
Bank of America’s Tim Watson, hired in 2010 to oversee Canadian energy and power investment banking, has left the firm, according to a person familiar with the move.
Antony Jenkins, Barclays CEO, rebutted claims by the NY Attorney General that the bank is not co-operating with its dark pools investigation.
Goldman Sachs has been on a shopping spree with its own money, snapping up apartments in Spain, a mall in Utah and a European ink company, all of which the bank hopes eventually to sell for a profit.
Hedge fund manager Zach Schreiber stood on stage at Avery Fisher Hall in New York eight months ago and made a bold prediction.
Retail currency broker FXCM said that it will raise margin requirements globally on forex instruments, as well as gold in its overseas jurisdictions.
Worldwide announced Mid-Market M&A deals valued up to $500 million (including undisclosed value deals) totaled US$920.2 billion for the full year 2014, a 24.1% increase year-on-year.
Several Barclays executives were aware that the bank was falsely representing how algorithms in its dark pool worked and how client orders were routed, according to an amended complaint prepared by New York’s attorney general.
A Blackstone Group mutual fund that allocates money to hedge funds lost almost half of its assets this month as the fund’s biggest backer, Fidelity Investments, slashed its stake.
Credit Suisse has agreed to pay more than $29m to resolve a U.S. regulator's claims that it sold toxic mortgage-backed securities to credit unions that later failed, according to court papers filed last week.
Does this ring true ?